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Posts Tagged ‘takata airbag recall’

Takata Expected to File Bankruptcy in Japan

Action expected to come on Monday, according to reports.

by on Jun.23, 2017

The troubled supplier is close to filing bankruptcy, sources claim. The filing is expected to occur on Monday in Japan.

Long-troubled auto supplier Takata Corp. will file bankruptcy on Monday, as it seeks to reorganize billions of dollars in liabilities tied mostly to its defective airbag inflators.

The Japanese company, according to Reuters, will file for protection in Tokyo District Court under the Civil Rehabilitation Act, which is that country’s version of U.S. Chapter 11 bankruptcy. Reuters tied its report to sources, one of whom has direct knowledge of the matter and one who was briefed on the process.

Global Auto News!

Takata will seek bridge loans from the banking unit of Sumitomo Mitsui Financial Group Inc., “which will provide tens of billions of yen (hundreds of millions of dollars) in bridge loans,” Reuters reported. (more…)

Takata Victims Pursuing Legal Action Against Five Automakers

Honda, Nissan, Toyota, BMW and Ford all named in lawsuits.

by on Feb.28, 2017

Takata victims file claiming five automakers knew about airbag defect, but used them anyway.

As Takata pleaded guilty and agreed to pay a $1 billion in restitution, compensation and fines, one issue remains in doubt: What role did the automakers play?

If you listen to the car companies, they are victims as well. In fact, the settlement agreement shows them receiving $825 million due to Takata’s carelessness.

Product News!

The airbag inflators can explode with too much force in certain conditions, hurling shrapnel into the vehicle cabin. The result is 16 deaths and nearly 200 injuries worldwide. It forced the largest recall in U.S. history: 42 million vehicles. (more…)

Thirteen Automakers Issue New Round of Takata Airbag Recalls

More than 652,000 vehicles involved in latest action.

by on Jan.19, 2017

Thirteen automakers issued recalls for 652,000 more vehicles with defective Takata airbags.

More than a dozen automakers are engaging in another round of recalls involving faulty Takata airbag inflators impacting more than 652,000 vehicles in the U.S.

The largest recall in U.S. history continued when Audi, Nissan, Jaguar-Land Rover, Subaru, Daimler Vans, Tesla, Mitsubishi, BMW, Ferrari, Mercedes, Mazda, McLaren and Fisker issued recalls for front passenger inflators.

News Now!

Takata’s inflators degrade over time and can explode with too much force sending pieces of metal shrapnel flying into the vehicle cabin. More than a dozen people have been killed as a result with hundreds more injured. (more…)

GM Allowed to Delay Takata Airbag Recall

Feds give time to Detroit maker to prove its bags used safer design.

by on Nov.22, 2016

General Motors received a reprieve from recalling 2.5 million vehicles with Takata airbags.

Federal regulators have given General Motors a temporary reprieve, allowing it time to prove that the Takata airbags used in 2.5 million vehicles, including the popular Chevrolet Silverado pickup, use a unique and safe design and thus don’t need to be recalled.

Ultimately, GM could be allowed to halt several other recalls involving Takata airbags, a move that could affect 6.8 million vehicles, in the process saving the automaker about $870 million, according to documents it filed with the U.S. Securities and Exchange Commission.

Safety News!

Faulty Takata airbags have so far been linked to at least 11 deaths in the U.S. and 16 worldwide. That has led to the recall of about 100 million vehicles globally, according to industry estimates, half of them in the United States. (more…)

Toyota Recalling 5.8 Mil Vehicles After Latest Takata Airbag Death

Some Toyota vehicles being recalled for second time.

by on Oct.26, 2016

Among the many Toyota models affected by the latest recall, the Corolla is its best-seller.

The already record recall of faulty Takata airbags has grown even larger, Toyota Motor Corp. announcing today it will target nearly 6 million more of the devices, including some used in an earlier recall.

The announcement comes just days after it was revealed that an 11th American was killed in a crash due to faulty Takata airbag inflators that can rupture and spew shrapnel into the passenger compartment following a crash. At least four more people are known to have been killed in similar crashes overseas.

Breaking News!

U.S. safety regulators have so far ordered recalls covering an estimated 60 million or more vehicles using Takata airbags. The figure has now grown to about 100 million worldwide, according to transportation authorities.

(more…)

Takata Airbag Death Toll Rises to 11

California woman is latest victim.

by on Oct.21, 2016

An 11th fatality due to Takata's faulty airbag inflators was confirmed by NHTSA and Honda.

The number of deaths in the U.S. tied directly to defective Takata airbag inflators has risen to 11 after a California woman’s driver-side airbag ruptured in her 2001 Honda Civic.

At least 16 deaths are now linked to the defect, which trigged the largest recall in automotive history: Nearly 100 million airbag inflators worldwide by more than a dozen automakers.

News Now!

The most recent U.S. fatality was confirmed by the National Highway Traffic Safety Administration and Honda. The 50-year-old woman died after sustaining severe injuries during a Sept. 30 crash. The car was one of more than 300,000 model year 2001-2003 Honda and Acura vehicles recalled due to the inflator issue. (more…)

NHTSA Reports Show Hundreds of Takata Airbags Ruptured

Testing shows more than 650 airbag inflators ruptured.

by on Sep.26, 2016

More than 650 Takata airbags exploded during tests after they were pulled from vehicles that were part of the recall.

New testing results revealed that more than 650 Takata-produced airbag inflators ruptured after being pulled from vehicles as part of the largest recall in automotive history.

According to documents released by the National Highway Traffic Safety Administration last week, 660 inflators pulled from 245,000 vehicles ruptured when undergoing additional testing. The inflators have been linked to as many as 15 deaths globally and more than 100 serious injuries.

Safety News!

The recalls are being performed in waves with the oldest vehicles involved being part of the first round of replacements. The inflators degrade over time so older vehicles get priority in the recall. (more…)

Truck Carrying Takata Airbags Explodes, Killing One, Injuring Four

Supplier’s inflators already blamed for 14 deaths.

by on Aug.29, 2016

A drone image shows the scene of a Takata truck explosion. Photo courtesy Jalopnik.com.

A 69-year-old woman was killed as the result of a crash and subsequent explosion involving a truck carrying airbag inflators and the explosive ammonium nitrate used in those devices that was bound for a Takata Corp. warehouse in Eagle Pass, Texas.

Takata is the Japanese airbag supplier whose faulty inflators have so far been blamed for at least 14 deaths worldwide. That has triggered the recall of about 50 million inflators in the U.S. and more than 100 million worldwide.

Breaking News!

The incident occurred last week on U.S. Highway 277 not far from the Southern Texas Takata plant when the truck, operated by a contractor, was involved in a crash. The driver, 20-year-old Mario Alberto Rodriguez, and a passenger were able to escape before the vehicle caught fire and exploded. But the inferno that touched off damaged or destroyed a number of nearby homes, including one in which victim Lucila Robles was living.

(more…)

Takata CEO Outlines Plans to Resign

“I want to pass the baton.”

by on Jun.28, 2016

Takata CEO Shigehisa Takada has apologized for the airbag scandal but will soon step down.

The CEO of safety systems supplier Takata plans to resign, a move that could help the tarnished Japanese manufacturer raise the capital necessary for its survival.

Takata CEO Shigehisa Takada has come under intense fire in the wake of revelations about the company’s airbag systems, which have been linked to the deaths of at least 14 people worldwide, with more than 100 other injured. That has triggered the largest recall in U.S. automotive history, so far affecting more than 40 million vehicles.

Safety News!

Takata has been struggling to supply enough new airbag inflators to replace those under recall, and its cash crunch has made it difficult to ramp up production. The company has been looking at restructuring opportunities that might include finding a buyer. (more…)

FCA to Stop Using Recall-Targeted Takata Airbags

Jeep Wranglers will switch to newer airbags “by next week.”

by on Jun.21, 2016

New Jeep Wranglers will now use an updated version of the Takata airbags, at least for North America.

(This story has been updated.)

The last Jeep Wrangler to use potentially defective Takata airbags will roll down the assembly line next week – for the North American market, anyway.

Jeep parent Fiat Chrysler Automobiles was recently identified as one of four manufacturers still using airbags produced by Japanese supplier Takata in new vehicles due to a shortage of safer replacement parts. The other manufacturers identified by the Senate Commerce Committee include Mitsubishi, Toyota and Volkswagen.

Safety News!

FCA said it will switch to a new airbag design, “by next week,” for vehicles sold in the U.S., Canada and Mexico. It will, however, continue to use the older Takata airbags in Jeep Wranglers shipped to other markets.

The suspect airbags currently are not on the list of active recalls ordered by the National Highway Traffic Safety Administration – but they will be over the next several years.

(more…)